Totals
- Total revenue
- $1,182,149
- Total expenses
- $1,408,506
- Contributions and grants received
- $38
- Grants paid
- $0
- Program service revenue
- $1,277,081
- Investment income
- $45,644
- Other revenue
- -$140,614
- Total assets, end of year
- $3,798,827
- Total liabilities, end of year
- $339,560
- Net assets or fund balances, end of year
- $3,459,267
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$38
-
2a · Program service revenue: MEMBERSHIP DUES
total $788,207 · related or exempt $788,207
-
2b · Program service revenue: ANNUAL MEETING
total $341,621 · related or exempt $341,621
-
2c · Program service revenue: EDUCATION/PROGRAMS/EVE
total $147,253 · related or exempt $147,253
-
3 · Investment income
total $45,644 · excluded $45,644
-
6a · Gross rents
real property $33,087
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $33,087
-
6d · Net rental income or loss
total $33,087 · excluded $33,087
-
11a · Other revenue: OTHER REVENUE
total $4,716 · related or exempt $4,716
-
11b · Other revenue: EQUITY IN EARNINGS OF
total -$178,417 · related or exempt -$178,417
-
11e · Other revenue, total
-$173,701
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $66,277
-
7 · Other salaries and wages
total $527,369
-
8 · Pension plan contributions
total $46,106
-
9 · Other employee benefits
total $64,877
-
10 · Payroll taxes
total $47,095
-
11b · Fees: legal
total $5,306
-
11g · Fees: other
total $78,784
-
12 · Advertising and promotion
total $14,775
-
13 · Office expenses
total $14,350
-
17 · Travel
total $24,926
-
19 · Conferences, conventions and meetings
total $12,583
-
20 · Interest
total $12
-
22 · Depreciation, depletion and amortization
total $21,259
-
23 · Insurance
total $12,930
-
24a · Other expenses: EDUCATION/PROGRAM/EVENT
total $236,880
-
24b · Other expenses: BUILDING AND RELATED CO
total $59,429
-
24c · Other expenses: PLEXCITY SUPPORT SERVIC
total $56,988
-
24d · Other expenses: MEMBER SUPPORTED SERVIC
total $48,641
-
24e · All other expenses
total $69,919
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $673,698 · end of year $263,818
-
2 · Savings and temporary cash investments
beginning of year $1,145,252 · end of year $1,459,113
-
4 · Accounts receivable
beginning of year $122,271 · end of year $285,305
-
5 · Loans and receivables from officers and key people
beginning of year $512,239 · end of year $512,239
-
9 · Prepaid expenses and deferred charges
beginning of year $77,643 · end of year $127,225
-
10a · Land, buildings and equipment: cost or other basis
$1,255,123
-
10b · Land, buildings and equipment: accumulated depreciation
$949,028
-
10c · Land, buildings and equipment, net
beginning of year $325,314 · end of year $306,095
-
12 · Investments: other securities
beginning of year $969,765 · end of year $826,438
-
15 · Other assets
beginning of year $18,594 · end of year $18,594
-
17 · Accounts payable and accrued expenses
beginning of year $189,076 · end of year $333,800
-
19 · Deferred revenue
beginning of year $4,218 · end of year $5,760
-
25 · Other liabilities
beginning of year $948 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $3,531,848 · end of year $3,340,543
-
28 · Net assets with donor restrictions
beginning of year $118,686 · end of year $118,724
Mission and programs · 2024
Mission
THE HAWAII CREDIT UNION LEAGUE (HCUL) IS THE TRADE ASSOCIATION THAT SERVES THE INTEREST OF CREDIT UNIONS DOMICILED IN HAWAII AND GUAM. THESE CREDIT UNIONS SERVE THE FINANCIAL NEEDS OF RESIDENTS OF THESE LOCALITIES. PERPETUATING THE CREDIT UNION PHILOSOPHY OF "PEOPLE HELPING PEOPLE" IS OUR MISSION. PROMOTING COLLABORATION WITH OUR MEMBERS TO ADDRESS THEIR NEEDS IS OUR PURPOSE. PROVIDING LEADERSHIP IN ADVOCACY, EDUCATION AND INFORMATION IS OUR SHARED COMMITTMENT.
Activities or mission (Part I)
THE HAWAII CREDIT UNION LEAGUE (HCUL) IS THE TRADE ASSOCIATION THATSERVES THE INTEREST OF CREDIT UNIONS DOMICILED IN HAWAII AND GUAM.THESE CREDIT UNIONS SERVE THE FINANCIAL NEEDS OF RESIDENTS OF THESELOCALITIES. PERPETUATING THE CREDIT UNION PHILOSOPHY OF "PEOPLE HELPINGPEOPLE" IS OUR MISSION. PROMOTING COLLABORATION WITH OUR MEMBERS TOADDRESS THEIR NEEDS IS OUR PURPOSE. PROVIDING LEADERSHIP IN ADVOCACY,EDUCATION, AND INFORMATION IS OUR SHARED COMMITMENT.
-
EDUCATION AND TRAINING: TRAIN AND UPDATE CREDIT UNION PERSONNEL ANDVOLUNTEERS ON CREDIT UNION SERVICES AND OTHER RELATED MATTERS; DISCUSSTHE PROGRESS AND PROBLEMS OF CREDIT UNIONS AND RELATED PURPOSES. SERVESTHE INTERESTS OF CREDIT UNIONS DOMICILED IN HAWAII AND GUAM.
-
GOVERNMENT RELATIONS: ASSIST CREDIT UNIONS WITH REGULATORY MATTERS ANDLOBBY FOR OR AGAINST BILLS AFFECTING CREDIT UNIONS ON FEDERAL, STATE,AND COUNTY LEVELS; PROMOTE THE CREDIT UNION MOVEMENT AND THE WAY THEYASSIST MEMBERS, INCLUDING THOSE OF MODEST MEANS, THROUGH PUBLICAWARENESS OF CREDIT UNIONS AND THE SERVICES OFFERED BY THEM. SERVES THEINTERESTS OF CREDIT UNIONS DOMICILED IN HAWAII AND GUAM.
-
MEMBER SERVICES: HELP CREDIT UNIONS HELP THEIR MEMBERS BY PROVIDINGINFORMATION OF IMPORTANCE. SERVES THE INTERESTS OF CREDIT UNIONSDOMICILED IN HAWAII AND GUAM.
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Norman OkimotoNORMAN OKIMOTO
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 10 + 10 related
-
Tess ShimabukuroTESS SHIMABUKURO
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 10 + 10 related
-
Scott KaulukukuiSCOTT KAULUKUKUI
SECRETARY
- Total calculated
- $0
- Hours/week
- 10 + 10 related
-
Alan AraiALAN ARAI
TREASURER
- Total calculated
- $0
- Hours/week
- 10 + 10 related
-
Nicole AguinaldoNICOLE AGUINALDO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10 + 10 related
-
Guy MuraokaGUY MURAOKA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10 + 10 related
-
Aaron SugimotoAARON SUGIMOTO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10 + 10 related
-
Timothy AshcraftTIMOTHY ASHCRAFT
PRESIDENT
- Total calculated
- $137,081
- From this org
- $66,277
- From related orgs
- $66,278
- Other
- $4,526
- Hours/week
- 20 + 20 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
HCU SERVICES CORPORATION
C · PROVIDE BUSINESS OPPORTUNITIES TO BENEFIT MEMBER CU'S · HI · 100% owned · share of income $427,444 · share of assets $769,946 · controlled entity
Directly controlled by HAWAII CREDIT UNION LEAGUE
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 28 March 2026
- IRS schema version
- 2024v5.5
- Source object
- 202610999349301631
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